801 W Grant Hwy 19,520 SF 4% Leased Retail Building Marengo, IL 60152 $2,003,243 CAD ($102.63 CAD/SF) 15.50% Cap Rate

For Sale – Commercial / Light Industrial Investment Property
Property Overview
Outstanding opportunity to acquire a fully upgraded commercial and light-industrial facility directly on U.S. Route 20 in Marengo, Illinois.
This ±19,500 SF building, situated on approximately 3 acres, was comprehensively remodeled in 2021 with new mechanical, electrical, and surface improvements throughout.
The property offers a glass-front showroom and office section,conference room, multiple drive-in shop bays, and a fenced outdoor yard, allowing for a wide range of commercial and service-oriented uses.
Three independent electrical and gas meters make the site multi-tenant ready, ideal for owner-users or investors.
This building is not limited to automotive use — its configuration and zoning make it suitable for contractors, light manufacturing, warehousing, logistics, and mixed commercial operations.

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Highlights
±19,500 SF total building area
±3-acre parcel, improved and partially fenced
Fully remodeled 2021 – structural, mechanical, and finish upgrades
±5,000 SF showroom and office area with modern glass frontage
±13,500 SF of flexible shop and work space divided into three sections
Three separate electrical and gas meters for multi-tenant setup
Upgraded HVAC, plumbing, and electrical systems
New asphalt paving on whole property
Configurable into four to five rentable sections
Zoning: Commercial / Light Industrial
Low Low Low county taxes
Excellent visibility and signage exposure on U.S. 20

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Flexible Use Potential
Zoned Commercial / Light Industrial, the property supports a wide array of uses:
Contractor or service shops (plumbing, HVAC, roofing, electrical, flooring)
Light manufacturing or assembly operations
Equipment sales, service, or rental business
Distribution, storage, or warehouse operations
Fleet or logistics base for delivery or service vehicles
Showroom-based business (boats, RVs, construction equipment, flooring, or wholesale supply)
Multi-tenant trade center or incubator park with separate utilities
Outdoor storage or truck/equipment yard
Redevelopment potential for flex-space or mini-storage complex

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Investment Highlights
Multi-tenant ready with separate utilities and flexible layout
Excellent exposure along U.S. Route 20 (Grant Highway) with strong daily traffic counts
Ideal for owner-occupancy with rental income potential or as a full investment asset
Low property tax burden compared to neighboring markets
Modernized infrastructure minimizes maintenance costs
Strong regional demand for industrial and service space near I-90

Location
Prominent frontage along Grant Highway within Marengo’s active commercial corridor.
Minutes from I-90, offering direct access to Rockford, Elgin, and the greater Chicagoland area.
The site provides high visibility, excellent ingress/egress, and flexible zoning to accommodate a variety of users.

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Contact
Phone: 202-909-3180